Powerful PDP senator reveals how Buhari changed Naira's face in 1984, gives unthinkable reason

• A former senator representing Kaduna central, Shehu Sani, has reacted to the announcement by the federal government that Nigerians will start new designs of some naira notes
• Shehu Sani said this is how president Muhammadu Buhari changed the face of Nigeria's currency in 1984 for the same economic reason
• The central bank of Nigeria (CBN) on Wednesday announced that Nigerians would start seeing new designs of N200, N500 and N1000 notes in circulation, adding that the government action was meant to have control over the naira in circulation

Kaduna, Kaduna - Shehu Sani, a former senator and ex-governorship aspirant in the Peoples Democratic Party (PDP) primary in Kaduna, has reacted to the recent announcement of the Central Bank of Nigeria (CBN) to change the face of the country’s currency.

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Federal government not in support of CBN governor's decision to redesign some naira notes

Sani said President Muhammadu Buhari changed the face of naira notes when he was the military head of state in 1984.

Nigeria new currency

The former senator who represented Kaduna central in the eighth Senate said Buhari’s reason for redesigning the country’s currency was because of the economic instability the country was experiencing.

Shortly after the CBN governor broke the news on Wednesday, October 26, the former senator took to his Twitter page to make the disclosure.

Sani wrote:

“He Changed the National currency in 1984; He is Changing the National currency in 2022…and for the same reason.”

Read his Tweet here

Buhari, Osinbajo, Lawan, governors, others to enjoy jumbo pay hike

Legit.ng earlier reported that the RMAFC has concluded plans to review the salaries of the president, vice president, lawmakers, governors and other political officeholders.

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Experts speak on redesigning naira notes as FG announces six new CBN requirements

Mohammed Shehu, the chairman of the RMAFC, noted that the salaries were last reviewed in 2008 and are due to be increased now.

However, the NLC and other stakeholders have condemned the decision of the RMAFC, stating that civil servants deserve salary review based on the country's economic situation.

Those who will benefit from the increment include the president, vice president, governors and their deputies, legislators and other political office holders.

But Shehu noted that the last time the commission carried out the review was in 2008, which makes it long enough to be reviewed.

Source: Legit.ng